North Sea oil news

Of the remaining resources on the Norwegian Continental Shelf, 4.2 billion sm3 o.e, or 52%, are proven. Unproven resources are estimated at 3.8 billion sm3 o.e.

The modifications to the Troll B and C platforms offshore Norway will include installation of equipment for receiving electrical power from shore via cable.

Production operations at the Johan Sverdrup field and Mongstad terminal will continue as normal.

The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.

Norway’s authority on petroleum safety has awarded a contract to Vysus Group for risk consulting services.

The Maersk Intrepid and Maersk Integrator jack-up rigs were retrofitted with Siemens Energy’s BlueVault lithium-ion energy storage system.

Equinor has added development drilling of one additional well at the Martin Linge field offshore Norway to the work scope of the Maersk Intrepid.

As Dana’s data analytics partner, OPEX will be applying its X-PAS analytics platform across the firm’s Triton and Western Isles FPSO assets.

Recoverable resources at the Røver North discovery are estimated at between 7 and 11 million m3 of oil equivalent, corresponding to 44 – 69 million boe.

Improving commercial models which support cost reduction whilst incentivising the supply chain could re-energise collaborative culture, according to the findings of the annual Deloitte and OGUK Collaboration Report.